Working tax credit
Working tax credit is paid by HM Revenue & Customs (HMRC) to support people who work and are on a low income. It does not matter whether you are an employee or self-employed.
Working tax credit is paid by HM Revenue & Customs (HMRC) to support people who work and are on a low income. It does not matter whether you are an employee or self-employed.
HMRC are issuing discovery assessments to people who they believe should have submitted a 2018/19 tax return containing the loan charge and who either did not include it, or did not include it fully. Here we answer some of the questions you may have if you have recently received such a letter.
HMRC are sending determinations to people who they think have used loan schemes but have not yet filed their 2018/19 tax return containing the loan charge. A determination is an estimate of the tax due for a tax year, based on the information that is available to HMRC – this includes information ...
The Loan Charge and Taxpayer Fairness All Party Parliamentary Group (APPG) has launched a call for evidence to establish the reality of the situation for all those impacted by the Loan Charge. Here we tell you about it and also what else is going on with the Loan Charge.
We are aware that some people are still receiving loan demands from certain companies asking them to repay loans which they have already settled the tax on or paid the loan charge to HMRC. We have been monitoring the situation since the publication of our original FAQs on this issue in May 2021. ...
The loan charge situation continues to rumble on, with many people still trying to deal with difficult, ongoing issues. Here we offer some information and support to four different groups of people we have identified, who may have outstanding loan charge issues to resolve.